You should feel pretty good today. You exercised your power on “Super Tuesday”. Your vote counted. You were involved in an effort to “make things better”.
I have been pleasantly surprised at the gas pump. I save $6-$7 everytime I fill up. Because I pay cash, that means extra bucks to spend on my kids. Right!
All the gas savings should “trickle down” to more indirect savings. Everytime you go to the grocery store, the meat, fruit, veggies and other items should drop in price as distributors pass on their gas delivery savings to you. Right! Delivery of everything will reduce your purchase costs! Right! If you fly anywhere in the country, your tickets will be less because airlines pass fuel savings on to you. Right! Airlines by the way are reporting record profits and it isn’t because they are dropping prices due to reduced fuel costs.
Property taxes are going down. Right!
Medical costs are dropping. Right! I resist expounding on Obamacare.
In my regular tours of our local mall, they have autos and trucks placed at strategic intersections. They put the “sticker prices” on all vehicles. Most of the trucks are Dodge Ram or Jeep products. I don’t know when I’ve seen a sticker price of less that $40,000. Those prices are not coming down. Really? Dodge or Jeep.
My message is don’t be lulled into a false sense of financial security. Lower gas prices are nice but they don’t necessarily translate to a other categories. Spend you money wisely.
If you have extra cash and don’t know what to do with it, your Mom and I always accept donations.
Cold and snow are settling in. I hate November.
Love,
Dad